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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Hong Kong Can Serve Global Community through Web 3 Involvement: Ex-Financial Secretary

John Tsang, the ex-financial secretary, said that the virtual economy would be important to Hong Kong, encouraging the young generation to be active through web 3 involvement and technology adoption.

by Mervyn Kwan
Aug 10, 2022

CRYPTOCURRENCY

Hong Kong Can Serve Global Community through Web 3 Involvement: Ex-Financial Secretary

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